New Perspectives on State Government Fiscal Challenges

In this book, nineteen experts examine topics ranging from constitutional reform and debt fatigue to fiscal rules and zero-based budgeting. Together, these contributions inform a multifaceted, nuanced argument for the need to formalize spending restraint and redefine state debt to include unfunded liabilities.

List of contents

Part I State Debt and Fiscal Stabilization
Chapter 1 State Debt and Liabilities: A Holistic Approach
Chapter 2 U.S. State Debt Defaults and Constitutional Reform in Historical Perspective
Chapter 3 Pension Liability Stress for State Governments
Chapter 4 Preparing State Finances for a Time of Crisis
Chapter 5 Debt Fatigue in the States: Red States, Blue States, and Zombie States
Part II State Fiscal Institutions
Chapter 6 Budget Stabilization Funds
Chapter 7 Anti-Aid Provisions in State Constitutions
Chapter 8 Competition, Networks, and Public-Private Partnerships: Contributions to State Governance
Chapter 9 Extending Zero-Based Budgeting to Zero-Based Regulation
Part III Fiscal Federalism
Chapter 10 Government Growth, Institutional Erosion, and the Fiscal Squeeze: Nebraska as a Case Study
Chapter 11 Fiscal Federalism and State Budgeting
Chapter 12 Give People a Vote That Counts, and They Will Vote for Fiscal Responsibility
Chapter 13 Florida's Fiscal Conservatism

About the author

Barry W. Poulson is emeritus professor of economics at the University of Colorado.
John Merrifield is head of the Institute for Objective Policy Assessment and was a member of the faculty at the University of Texas at San Antonio for 32 years.

Summary

In this book, nineteen experts examine topics ranging from constitutional reform and debt fatigue to fiscal rules and zero-based budgeting. Together, these contributions inform a multifaceted, nuanced argument for the need to formalize spending restraint and redefine state debt to include unfunded liabilities.

Product details

• Authors: Barry W. Merrifield Poulson
• Assisted by: John Merrifield (Editor), Barry W. Poulson (Editor), Poulson Barry W. (Editor)
• Publisher: Lexington Books
• Languages: English
• Product format: Hardback
• Released: 01.07.2023
• EAN: 9781666932034
• ISBN: 978-1-66693-203-4
• No. of pages: 302
• Subjects: Social sciences, law, business > Business > Economics; USA, POLITICAL SCIENCE / Political Economy, POLITICAL SCIENCE / Public Policy / Economic Policy, BUSINESS & ECONOMICS / Public Finance, POLITICAL SCIENCE / American Government / National, Political Economy, United States of America, USA, Central / national / federal government policies, Public finance, Central government policies, Public finance and taxation